New to leasing? Not sure what all the fuss is about? Well let us give you 8 great reasons why you should lease your next car or van from Newbury Leasing:
Here's a question that I often get asked: "Why do some people lease their cars rather than buy them...?"
The answer is very simple: the cost savings can be huge, especially if you want to change your car every 2 or 3 years. To demonstrate, here's an example of one of our previous offers on a new Vauxhall Astra Diesel Sport Hatch 1.9 CDTi SRi  3dr:
|New price||£19,705.00||Initial rental||£554.97|
|Typical online discount||£3,165.00||35 subsequent rentals||£184.99|
|Discounted price||£16,540.00||Total rentals||£7,029.62|
|Road tax (year 2)||£120.00||Total VAT payable (@ 17.5%)||£1,230.18|
|Road tax (year 2)||£120.00||NB: current VAT rate = 15%|
|Typical 3-year repayment *||£18,873.36|
|Sale proceeds **||£7,675.00|
|Total cost of motoring||£11,438.36||Total cost of motoring||£8,259.80|
* "Typical 3-year repayment" based on Lombard Direct rate of 9.1% APR
** "Sale proceeds" based on used trade value at 36 months old with 30,000 miles on the clock - according to CAP Motor Research data (Mar 2009)
Newbury Leasing is authorised and regulated by the Financial Conduct Authority, we are a credit broker and not a lender. Registered No : 690568.
| Registered in England & Wales with company number : 4051316 | Data Protection No : Z7832313 | VAT No : |
Newbury Leasing are a credit broker and not a lender, we are regulated by the Financial Conduct Authority. Registered No : 690568
Warning: Failure to maintain payments may result in termination of your agreement and the vehicle being returned. This could affect your credit rating and make it more difficult to obtain credit in the future. For more information and help, go to www.moneyadviceservice.org.uk
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